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  2. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    A term sheet is a bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer. It is usually the first documented evidence of a possible acquisition . [ 1 ]

  3. Commercial mortgage - Wikipedia

    en.wikipedia.org/wiki/Commercial_mortgage

    The term of a commercial mortgage is generally between five and ten years for stabilized commercial properties with established cash flows (sometimes called "permanent loans"), and between one and three years for properties in transition, for example, newly opened properties or properties undergoing renovation or repositioning (sometimes called ...

  4. Commercial and industrial loan - Wikipedia

    en.wikipedia.org/wiki/Commercial_and_industrial_loan

    Debt service coverage requirements for a term or amortizing loan is generally 1.1:1, and is defined as principal payments, plus interest expense, throughout one fiscal year analyzed on a 12-month trailing basis. Commercial loans are available in 48 states. They are: Multi-Family Commercial Loan Programs; Mixed-Use Commercial Loan Programs

  5. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    Businesses must submit a variety of documents when applying for business loans. ... which vary by loan type (for example, 7(a) ... make sure you’re doing so with a long-term plan in mind.

  6. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    Types of bank loans. Description. Term loan. A lump-sum loan that typically has repayment terms of two to five years. Can be used to cover short- or long-term expenses that can’t be paid off ...

  7. How to manage a short-term business loan - AOL

    www.aol.com/finance/manage-short-term-business...

    Before choosing a short-term business loan, consider the loan terms, fees, monthly payments, and repayment periods. Also, make sure the loan is suitable for your business’s needs.

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